IREN Stock Could Soar Nearly 500% by 2028 on Microsoft AI Deal, Says Cantor

According to analysis from Cantor, the stock of IREN has the potential to experience a remarkable increase of nearly 500% by the year 2028, largely attributed to a strategic partnership with Microsoft in the field of artificial intelligence. This significant leap in valuation is expected to result from the transformative impact of the AI deal, which could enhance IREN's operational capabilities and market position, leading to increased investor confidence and stronger financial performance in the coming years. source: https://www.coindesk.com/markets/2025/11/10/iren-stock-could-soar-489-by-2028-on-microsoft-ai-deal-cantor-says